🪙Bitcoin Latest Update 🪙

Current Situation: Bitcoin is currently positioned in a strong support zone. We can see that the price has dropped below a CMA GAP and is now trying to rebound from a strong support area.

The price was in a downtrend channel, but it has now reached the lower part of that channel.

⌛Potential Movement: The chart indicates that if this support holds, the price may consolidate for a bit and then make a strong upward move, heading back towards the Liquidity Zone (up to about 122,000 USDT).

⚠️ Keep an Eye: Closing below 110,900 USDT could invalidate this analysis.$BTC #BTC